17931 30th AveBarrytonMI49305
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Barryton at 17931 30th Ave, Barryton, MI, 49305 generates $2,476/mo in rent and, after a $734/mo payment, leaves $1,487/mo in cash flow. Total monthly income is $2,476/mo, and annual cash flow is $17,846/yr on $49,692 invested. Return on cash invested sits at 55.82% in year one, and rental yield is 19.82% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 296.04% and total cumulative return in cash sums $147,107. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,476/mo property income rather than buyer’s personal income.
Manufactured
Built in 1989
3.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49305, Barryton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,615 (100%) |
| Owner Occupied HU | 898 (55.6%) |
| Renter Occupied HU | 129 ( 8.0%) |
| Vacant Housing Units | 588 (36.4%) |
| Median Home Value | $154,167 |
| Average Home Value | $171,553 |
Housing Distribution
Address Breakdown
Residential
988
Single Family
988
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices